Samsung For Impact

Samsung For Impact seeks to discover and support promising social entrepreneurs
who are at the beginning of their journey to make a positive impact on society.

About

Samsung For Impact

Samsung For Impact is a European impact acceleration program designed to discover and bolster promising impact startups and entrepreneurs working to achieve social good through their business or developing innovative technologies with a social purpose.

The program aims to invigorate sustainable impact ecosystems on both city and national levels by helping strengthen the capabilities of local impact startups and ultimately provide a platform for solving large and complex social problems on a global scale.

Approach

Acceleration Focused on Social Impact

Samsung For Impact helps young entrepreneurs or startups developing solutions that address various societal problems, supporting their growth and further development. Only by working together with cross-sectoral efforts, we can tackle the ever-increasing societal problems. Samsung For Impact guides startups in the development of technology solutions to address these problems facing us.

Technology & Business Support

Samsung For Impact looks for social startups that understand the potential of technology as enabler for their sustainable solutions. The program supports social entrepreneurs through their journeys, sharing with them Samsung’s vast repertoire of knowledge and expertise in technology and business, gained from decades of experience as a global business. In addition, Samsung For Impact offers opportunities to social startups to capitalize on Samsung and program partners’ global network in expanding their businesses in a sustainable way.

Systematic and Structured Learning

Samsung For Impact provides a systematic and structured curriculum on team building, business development, product development and Incident Response readiness that are essential for the growth of impact startups. Participants will be provided with support in all aspects of a startup – vision and mission setting, social impact measurement, business model development, and preparation of presentations and pitch deck. The training and guidance will be in-depth and substantive, including one-on-one coaching sessions in methodologies and strategies with Samsung employee mentors.

Collaboration with Partners

Samsung For Impact is implemented in cooperation with local partners who understand and have influences on the local ecosystem to enable effectively and sustainably solve societal problems on a local level. Samsung For Impact also supports social startups on a long-term basis by connecting them with local partners and fostering lasting relationships. The program underpins Samsung’s belief in collaboration, as we strive to establish a sustainable social ecosystem where governments, NGOs, universities and social entrepreneurs alike can work in cohesion to solve societal problems.